Examples of Material Interruption in a sentence
Network Loss includes continuing normal operating expenses incurred (including payroll) and additional expenditure incurred for the purpose of minimizing the Material Interruption.
Outsource Service Provider means an entity not owned, operated or controlled by an Insured that such Insured depends on to conduct its business Waiting Hours Period Means the number of hours set forth in item 7 of the Schedule that must elapse once a Material Interruption has begun before a Network Loss can begin to be incurred.
Any negative reporting of an Insured Event in local, regional or national media (including but not limited to radio, television, newspaper and/or magazines) which has potential to cause a Material Interruption.
For purposes of this Section, "Material Interruption" means an unintended interruption in Company's ability to produce Wafers that (i) endures for more than a [...***...], and (ii) causes a reduction in Capacity of [...***...].
The Insurer shall reimburse the Insured any Business Loss, in excess of the Retention and only after the specified Waiting Period has expired resulting from a Material Interruption incurred by the Insured directly as a result of a Security Failure which occurs during the Policy Period, and is duly reported to the Insurer in accordance with Section 7 of this policy.